Laser Photonics and Incredible Supply & Logistics Co-Host Exhibit Booth at NCMS Technology Showcase at Norfolk Naval Shipyard

Rhea-AI Summary

Laser Photonics (NASDAQ: LASE), a developer of industrial laser systems, is co-hosting an exhibit booth with Incredible Supply & Logistics at the NCMS Technology Showcase at Norfolk Naval Shipyard, May 21-23, 2024. The event, organized by the National Center for Manufacturing Sciences, provides a platform for showcasing innovative maritime technologies. Laser Photonics will present its MARLIN LPC-100M-MHD and CleanTech LPC-2000-CTHD laser systems, which offer eco-friendly, cost-effective solutions for rust control, corrosion, and coating removal. These technologies aim to optimize maintenance, repair, and overhaul (MRO) processes for naval applications. The showcase allows naval professionals to explore how LPC's advanced laser systems can meet military standards and streamline inventory maintenance.

Positive

• Laser Photonics is showcasing advanced laser systems tailored for naval applications.
• Participation in NCMS Technology Showcase enhances company visibility in the defense sector.
• MARLIN LPC-100M-MHD and CleanTech LPC-2000-CTHD offer eco-friendly, cost-effective solutions for rust control and corrosion removal.
• Demonstrates commitment to innovation by integrating laser technology and robotics.
• Potential for increased sales and partnerships through exposure at the event.

Negative

• immediate financial impact mentioned.
• Potential high costs associated with participation and exhibit booth setup.
• Focus on specific industry (naval) may limit broader market reach.

ORLANDO, Fla.--(BUSINESS WIRE)-- Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global developer of industrial laser systems for cleaning and other material processing applications, joins Incredible Supply & Logistics (ISL), an award-winning product distribution, mission kitting, and third-party logistics company specializing in supporting federal government customers and defense contractors as well as serving the maritime and space communities, in co-hosting an exhibit booth at the NCMS Technology Showcase at Norfolk Naval Shipyard (NNSY).

The Technology Showcase is an annual event that NNSY hosts in partnership with the National Center for Manufacturing Sciences (NCMS), providing a platform for contractors and civilians to demonstrate or seek out innovative technologies and prospective solutions for the maritime industry. The showcase presents a venue for NNSY leadership, engineers, maintenance personnel and production management teams to collaborate on developing customized solutions that meet the shipyard's specific needs.

"Laser Photonics' laser systems offer advanced solutions for the naval and defense industry that meet military standards," said Wayne Tupuola, CEO of Laser Photonics. "We're excited to exhibit side-by-side with our partner, Incredible Supply & Logistics, and demonstrate to fleet professionals how they can benefit from using our technologies that are engineered at the convergence of laser technology and robotics."

What: 2024 NCMS Technology Showcase: Norfolk Naval Shipyard

When: May 21 – 23, 2024

Where: Training Facility (NNSY Building 1763, Portsmouth, VA 23709)

Booth: 19

At the NCMS Technology Showcase at Norfolk Naval Shipyard, Laser Photonics and ISL are presenting a selection of laser systems, including LPC's MARLIN LPC-100M-MHD, a novel technology targeting the needs of maritime industry professionals, and the CleanTech LPC-2000-CTHD.

Naval professionals will have the chance to learn how LPC's technology can help with rust control, corrosion and coating removal, optimizing MRO processes and streamlining inventory maintenance. LPC will also talk about its full portfolio of industrial-grade laser systems for material processing.

CleanTech Laser Blasting Technology

CleanTech Laser Blasting products by Laser Photonics provide industry professionals with eco-friendly, cost-effective and time-efficient systems that are utilized for industrial cleaning. Applications include rust removal, paint removal, surface preparation and more. Laser cleaning removes paint, contaminants, rust and residues with a high-energy laser beam which leaves the substrate untouched. This technology is an excellent alternative to traditional cleaning methods like sandblasting, dry ice blasting and other abrasive blasting techniques.

MARLIN Laser Cleaning Technology

The MARLIN LPC-100M-MHD is a pulse laser system, perfect for small craft marine vessel applications. The equipment’s portable design lends itself to laser cleaning and surface treatment on small areas requiring delicate cleaning, de-painting and other surface preparation operations. The MARLIN product line helps industry professionals tackle their corrosion challenges while saving them time and money.

About Laser Photonics Corporation

Laser Photonics is a vertically integrated manufacturer and R&D Center of Excellence for industrial laser technologies and systems. Laser Photonics seeks to disrupt the $46 billion, centuries-old sand and abrasives blasting markets, focusing on surface cleaning, rust removal, corrosion control, de-painting and other laser-based industrial applications. Laser Photonics’ new generation of leading-edge laser blasting technologies and equipment also addresses the numerous health, safety, environmental and regulatory issues associated with old methods. As a result, Laser Photonics has quickly gained a reputation as an industry leader in industrial laser systems with a brand that stands for quality, technology and product innovation. Currently, world-renowned and Fortune 1000 manufacturers in the aerospace, automotive, defense, energy, industrial, maritime, space exploration and shipbuilding industries are using Laser Photonics’ “unique-to-industry” systems. For more information, visit www.laserphotonics.com.

About Incredible Supply & Logistics (ISL)

ISL is an award-winning U.S. small business with product distribution solutions and services across industrial, parts, tactical, workwear & IT supply serving the Federal, Defense, Maritime & Space communities. The ISL team specializes in supporting government customers and defense contractors with custom supply chain and sustainment solutions, complete Bill of Material (BOM) sourcing, supply consolidation, kitting services, and customized third-party logistics (3PL). To learn about ISL, visit https://www.incrediblesupply.com.

About Norfolk Naval Shipyard (NNSY)

Norfolk Naval Shipyard is the US Navy’s oldest shipyard and predates the United States Navy Department by 31 years. During its more than 250 years, Norfolk Naval Shipyard has assisted the nation in many feats, including winning nine major wars, putting an end to piracy, scientifically exploring the Pacific, and opening Japan to American trade. NNSY is recognized as a world-class organization in executing its mission, developing its people, and aggressively improving performance at its state-of-the-art facility.

About NCMS

The National Center for Manufacturing Sciences (NCMS) is a cross-industry technology development consortium, dedicated to improving the competitiveness and strength of the US industrial base. As a member-based organization, it leverages its network of industry government, and academic partners to develop, demonstrate, and transition innovative technologies efficiently, with less risk and lower cost.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240522569899/en/

Investor Relations Contact:

laser@haydenir.com

Media Contact:

Karla Kizzort

Marketing Specialist

Laser Photonics Corporation

kkizzort@laserphotonics.com

Source: Laser Photonics Corporation

FAQ

What is Laser Photonics exhibiting at the NCMS Technology Showcase?

Laser Photonics is exhibiting their MARLIN LPC-100M-MHD and CleanTech LPC-2000-CTHD laser systems at the NCMS Technology Showcase.

When and where is the NCMS Technology Showcase being held?

The NCMS Technology Showcase is being held from May 21-23, 2024, at the Norfolk Naval Shipyard, Training Facility (NNSY Building 1763, Portsmouth, VA 23709).

What are the benefits of Laser Photonics' technologies?

Laser Photonics' technologies offer eco-friendly, cost-effective solutions for rust control, corrosion, and coating removal, optimizing maintenance, repair, and overhaul (MRO) processes.

Which laser systems are Laser Photonics presenting at the showcase?

Laser Photonics is presenting the MARLIN LPC-100M-MHD and CleanTech LPC-2000-CTHD laser systems.

How do Laser Photonics' systems benefit naval professionals?

Laser Photonics' systems help naval professionals with rust control, corrosion, and coating removal, streamlining inventory maintenance and MRO processes.

What stock symbol represents Laser Photonics?

Laser Photonics is represented by the stock symbol LASE.